Form 4: Tetra Tech EVP Leslie Shoemaker Sells Shares

Leslie Shoemaker, EVP and Chief Sustainability Officer of Tetra Tech Inc., sold 78,420 shares of common stock on September 10, 2024.

Summary

• Leslie Shoemaker, an EVP at Tetra Tech Inc., sold 78,420 shares of common stock on September 10, 2024.
• The shares were sold at a weighted average price of $46.111, with individual transactions ranging from $45.88 to $46.41.
• Following the transaction, Shoemaker directly owns 296,015 shares of Tetra Tech Inc.
• A 5-for-1 stock split on September 6, 2024, resulted in an additional 299,548 shares of common stock for Shoemaker.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive stock sale, which is a neutral event. The stock split is a positive event for shareholders, but the sale itself doesn't necessarily indicate a positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. It is important to consider the overall context of executive compensation and stock ownership when evaluating such transactions.

Comparison to Industry Standards

• Executive stock sales are a normal part of executive compensation packages.
• Comparing the size and frequency of these sales to those of executives at comparable companies like AECOM, Jacobs Engineering Group, and Fluor Corporation can provide context.
• It's important to consider the executive's overall holdings and compensation structure when assessing the significance of the sale.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on their perception of the executive's action.
• The stock split is generally viewed positively by shareholders as it can increase liquidity.

Key Dates